Endeavour Mining (EDVMF) Expected to Announce Quarterly Earnings on Thursday

Endeavour Mining (OTCMKTS:EDVMF) is expected to issue its results before the market opens on Thursday, March 5th. Analysts expect Endeavour Mining to post earnings of $0.9690 per share and revenue of $1.6785 billion for the quarter.

Endeavour Mining Stock Down 9.8%

OTCMKTS EDVMF opened at $63.06 on Wednesday. The stock has a 50-day moving average of $58.38 and a 200 day moving average of $47.54. Endeavour Mining has a twelve month low of $19.91 and a twelve month high of $72.18.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on EDVMF shares. Morgan Stanley reiterated an “overweight” rating on shares of Endeavour Mining in a research report on Tuesday, February 17th. Scotiabank reissued an “outperform” rating on shares of Endeavour Mining in a report on Monday, January 26th. Canadian Imperial Bank of Commerce raised shares of Endeavour Mining from a “neutral” rating to an “outperform” rating in a report on Wednesday, February 4th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Endeavour Mining in a research report on Sunday, December 7th. Seven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Endeavour Mining presently has a consensus rating of “Buy”.

Endeavour Mining Company Profile

Endeavour Mining is a gold production company with primary operations across West Africa. The company focuses on the exploration, development and extraction of gold resources, operating a portfolio of mines and development projects in Côte d’Ivoire, Burkina Faso and Mali. Production is complemented by regional exploration programs designed to identify additional gold deposits and extend mine life across its project portfolio.

Key operating assets include the Ity and Agbaou mines in Côte d’Ivoire, the Houndé mine in Burkina Faso and the Kalana project in Mali.